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Politics : PRESIDENT GEORGE W. BUSH

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To: TigerPaw who wrote (188487)10/2/2001 11:19:19 PM
From: David Howe  Read Replies (2) of 769670
 
<< The cut, or more precisely throwing the income/expense ratio of the government entirely out of whack, is the main cause of our economic malaise. >>

You're joking right? I haven't followed your posts, so I have to assume you are pulling our leg with this particular post. The rather extreme economic problems we are now facing are absolutely 0% due to the policies of the current administration.

If you are not joking, please see economics 101 and re-post your thoughts. Recessions, especially overcapacity, inventory excess recessions such as this one do not stem from the events of the last year. They are the results of economic and world events from the past 2 - 10 years. The economy goes in cycles. Once the cycle peaks, you don't avoid a dip, it simply happens. You certainly don't avoid it with actions during the past 6 months.

Nobody with a brain is actually claiming that the tax cuts are the reason for the recession. They are an attempt to fend off the recession and are failing partially because the cuts are not deep enough, or fast enough.

It's very simple. You need to put aside your bias against Bush and take a clean look at the issues at hand.

IMO,
Dave
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